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A national oil company (NOC) is a petroleum company that is fully or partly owned by the government of a sovereign nation. [ 1 ] : 3 NOCs produce about half the world’s oil and gas. [ 2 ] [ 3 ]
No Objection Certificate, popularly abbreviated as NOC, is a type of legal certificate issued by any agency, organisation, institute or, in certain cases, ...
Participation agreements: the NOC is "Carried" by an International Oil Company (IOC). The NOC burdens the IOC by not fully compensate the IOC for the risks assumed during exploration or to make a commercial discovery. The IOC faces the full losses and thus needs bigger success to compensate depending on NOC's share on the joint venture.
Ke is the risk-adjusted, theoretical rate of return on a Company's invested excess capital obtained through external investments. Among other things, the value of Ke and the Cost of Debt (COD) [6] enables management to arbitrate different forms of short and long term financing for various types of expenditures. Ke applies most prominently to ...
The National Oil Corporation (NOC; Arabic: المؤسسة الوطنية للنفط) is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for the vast majority of the country's oil output. [ 1 ]
USC — United States Code (A free website for the full text is at U.S. Code. This text is maintained by the U.S. Gov't Printing Office, but must be checked for revisions or amendments after its effective date.) USCA — United States Code Annotated; USCCAN — United States Code Congressional and Administrative News; USCS — United States ...
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National oil company (NOC) National Oil Corporation the national oil company of Libya; National Olympic Committee, a group eligible to enter athletes and teams into an Olympic Games; Nippon Oil Corporation, a Japanese company, see Eneos; North Oil Company, an Iraqi oil company; North Oil Company (Qatar), a Qatari oil company